MOSCOW, May 16 – Prime. World oil prices on Monday, rising, reacting to the data of the American oil services company Baker Hughes, showing the reduction in the number of drilling rigs in the United States, according to the auction.
As at 08.26 MSK price of July futures for North Sea petroleum mix of mark Brent rose by 1.34% – to 48.47 dollars per barrel. June futures price for WTI crude oil rose by 1.21% -. To 46.77 dollars per barrel
According to published on Friday, according to Baker Hughes, the total number in the US rig at the end of the work week ended May 13 It decreased by 9 units, or 2.17%, and amounted to 406 units. In annual terms, a decline of 482 units or 54,3%
The number of oil rigs fell by 10 units, or 3% -. To 318 units, and gas production at the same time increased – one unit up to 87 pieces.
in addition, the positive sentiment in the market has caused Goldman Sachs reported that the oil market ended a two-year period of excess supply and now the situation is moving towards a deficit. “The oil market moved away from saturation and moves to shortages much sooner than we expected”, – quotes Reuters analysts Goldman Sachs. They note the production of raw materials declines in Nigeria, Venezuela, the United States and China.
The limiting factor for the growth of prices on Monday is the strengthening of the dollar, as the price of oil is tied to the US currency, and the dollar appreciation makes oil more expensive for holders of foreign currencies .
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